Administrator KordaMentha has raised concerns about more than $133 million of intercompany and related-party loans made by the Grocon Group before its collapse, and says liquidators might be able to pursue them if the creditors reject Daniel Grollo’s rescue plan.

These loans, which KordaMentha said could be voidable, uncommercial or unreasonable, were highlighted in the firm’s Administrators Report, which nonetheless recommended that creditors of the 88 collapsed Grocon companies vote in favour of Mr Grollo’s deed of company arrangement at next week’s second creditors’ meeting.